A recent report confirms what many college students have long suspected — textbook publishers often increase their prices unnecessarily.
After surveying the most popular textbooks at 59 colleges and universities nationwide, the State Public Interest Research Groups, a citizen-funded advocacy organization, released the report, “Ripoff 101: 2nd Edition.”
According to the report, increased costs come from gimmicks, including the frequent release of new editions, some of which are 12 percent more expensive than their predecessor.
Companies also produce textbooks bundled with supplementary materials like CD-ROMs — at a price 10 percent more than that of their unbundled counterparts.
Yet such supplements rarely see the light of day, as 65 percent of the faculty interviewed for the report said they do not use the materials.
Keith Sipe, publisher of Carolina Academic Press in Durham, said the low prices offered by used bookstores provide competition for publishers. Publishers, unlike the used dealers, have to compensate for shipping costs, royalties and marketing. And they make their new editions attractive by providing free texts for professors.
“Mostly, if you want books adopted, the only thing that matters is giving free books to professors,” Sipe said. “As a publisher knows, giving away books is the only thing that works in generating sales.”
Publishers give many free books to professors near the middle of each semester. From these choices, professors try to pick the best quality for the least cost.
But only new editions are available, even if professors request the old ones, said John Stewart, a UNC economics professor.